If the price elasticity of supply is 1.5,and a price increase led to a 1.8% increase in quantity supplied,then the price increase amounted to
A) 0.67%.
B) 0.83%.
C) 1.20%.
D) 2.70%.

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The Answer of If the price elasticity of supply is 1.5,and a price increase led to a 1.8% increase in quantity supplied,then the price increase amounted to
A) 0.67%.
B) 0.83%.
C) 1.20%.
D) 2.70%.

If the Price Elasticity of Supply Is 1